for the banking industry is that a big percentage of those people who said they would switch were in the high-income segment, it's the group that tends to be the most profitable for banks. ruben ramirez, "n.b.r.," new york. >> tom: tim pawlenty is the former governor of minnesota, the incoming c.e.o. of the financial services round table, that is a financial industries lobbying group based in washington. the governor joins us from the twin cities in minnesota, congrats on the new position, governor. this bank rate sur i have find higher minimum balances, overdraft fees an surcharges over the paths four years. as you move into this position, do you sense baking fees are appropriately regulated currently? >> well, when it comes to regulation, of course, financial institutions, i want regulations to be clear and firm, but fair. and one thing that's not fair is price controls imposed by government. i think history shows the best way to have price goes down is to have competition and lots of consumer choice.